Profit and Loss Worksheet
A Grade 10 Math worksheet covering profit, loss, cost price, selling price, and percentages for financial literacy.
Includes
Standards
Topics
Profit and Loss Worksheet
Name:
Date:
Score:
Read each question carefully and answer to the best of your ability. Show all your work for calculations.
1. If the Cost Price (CP) of an item is $500 and the Selling Price (SP) is $650, what is the profit?
$100
$150
$200
$250
2. A shopkeeper bought an article for $800 and sold it for $720. What is the loss percentage?
8%
10%
12%
15%
1. When Selling Price is greater than Cost Price, there is a .
2. Loss percentage is calculated on the price.
3. If an item is sold for $120 after buying it for $100, the profit is .
1. A vendor buys 10 apples for $15 and sells them at $2 each. Calculate the total profit or loss.
2. An article is sold for $450 at a profit of 10%. Find the cost price of the article.
1. Profit is incurred when the selling price is less than the cost price.
True
False
2. The formula for profit percentage is (Profit / Cost Price) * 100.
True
False
The bar graph below shows the cost price and selling price of four different items. Analyze the graph and answer the questions that follow.
1. Which item resulted in a loss?
2. Calculate the profit for Item C.
Related Worksheets
Understanding Net Worth
A Grade 10 math worksheet focusing on calculating and understanding net worth, assets, and liabilities.
Rule of 72 Worksheet
Understand and apply the Rule of 72 to estimate the doubling time of an investment or debt.
Tax and Interest Deduction Worksheet
A Grade 10 math worksheet covering concepts of tax and interest deductions in financial literacy.
Tax and Tip Calculations Worksheet
A Grade 10 math worksheet focusing on calculating sales tax, tips, and total costs for various scenarios.
Writing Checks Worksheet
A Grade 10 math worksheet focusing on the practical skill of writing checks, including understanding check components and proper completion.
Cash Flow Analysis Worksheet
A Grade 10 Math worksheet focusing on understanding and calculating cash flow, including income, expenses, and net cash flow.
Balancing Your Checkbook
A worksheet for 10th graders on balancing a checkbook, covering deposits, withdrawals, and reconciliation.
Grade 10 Consumer Math Worksheet
This worksheet covers essential consumer math concepts for Grade 10 students, including budgeting, interest calculations, and understanding financial statements.